[ISC] Q. 16 Final Accounts of Companies Application Solution of TS Grewal ISC (2026-27) Edition

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Solution of Q 16 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2026-27

Q. 16. Under which main head and sub-head of Equity and Liabilities part of the Balance Sheet are the following items classified or shown?

    (i) Bonds;
    (iii) Public Deposits;
    (ii) Debentures;
    (iv) Capital Redemption Reserve;
    (vi) Sundry Creditors; and
    (v) Forfeited Shares Account;
    (vii) Interest Accrued but Not Due on Debentures?
    (vii) Interest Payable.

    Solution:

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